A 20-year-old lawsuit pitting Commonwealth Edison against WillCounty and a coalition of school districts over millions of dollarsin property taxes ended with an Illinois appeals court ruling forComEd.
The dispute hinged on whether the utility's generating plantsshould be classified as personal property or real estate. Theutility said its power plant equipment is personal property and itsvalue should be excluded from real estate assessments.
"They were trying to say that a $2 billion reactor core atBraidwood encased in 300 tons of immovable concrete is personalproperty," said Phil Mock, an assistant Will County state's attorney.
A taxing authority had …
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